To: Moonman62
A stagnant economy means fewer imports thus lower trade deficit and a higher currency.
To: justshutupandtakeit
A stagnant economy means fewer imports thus lower trade deficit and a higher currency. Is that the way it was in the 1970's? There are other factors that affect currency value than the trade deficit.
39 posted on
12/01/2004 1:41:44 PM PST by
Moonman62
(Federal Creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it.)
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